Hyderabad, Jan 10: After infrastructure, defence, realty and FMCG, the $11-billion Adani conglomerate is all set to foray into the IT sector with a Rs 70,000-crore investment in the digital infrastructure space.
With the central government focused on data of Indians remaining within the country, the Gautam Adani-led group is setting up the mother of all data centre infrastructure in India through group flagship Adani Enterprises.
The Gujarat-based Adani Group is kicking off this foray by setting up the world’s first fully green, integrated cloud-based data centre parks of around 5GW capacity in and around Visakhapatnam in Andhra Pradesh. This, however, is only the beginning with plans to set up similar data centres across the country.
The Adani data centre parks in AP will entail an investment of around Rs 70,000 crore over the next 20 years and are expected to create about 1 lakh direct and indirect jobs. The company also inked an MoU for the same with the AP government in Vijayawada.
Group chairman Adani said that the company has already acquired 200 acres at Kapuluppada in Vizag and will be investing about Rs 10,000 crore in the first phase in setting up their maiden data centre and will scale this up to about Rs 50,000 crore in the next 10 years.